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Prachi Mehta

13th Feb 2025 · SEBI-Registered Analyst

Stocks in News - 13 Feb 2025

ADANIPORTS
(APSEZ) wholly owned subsidiary -- Adani Harbour Services (AHSL) has incorporated a Joint Venture Company with Sea Horizon Offshore Marine Services and Mr. Jamal A. Rab A M Al Yafei in Qatar namely ‘Al Annabi Marine Services’ on February 12, 2025. Al Annabi shall carry out ships’ operations and management business.
RAILTEL
has received the work order from State Project Director (Spd) Bihar Education Project Council (Bepc) for Supply amounting to Rs 16,97,44,575 (Including Tax).
JWL
(JWL) has received order from Ambuja Cements and ACC– group companies of Adani Cement. The Order, valued at approximately Rs 600 crore, entrusts Jupiter Wagons with the manufacture and supply of BCFCM RAKES Wagon and stands as a testament to the confidence the industry has in the company’s capabilities. !Time Technoplast has secured order from a Government of Gujarat Undertaking, and a leading name in the Chlor Alkali industry, for supply of Industrial Packaging Products. The order is valued at approximately Rs 65.85 crore (inclusive of GST) and to be executed within two years. Apollo Pipes has further acquired 0.50% additional stake in Kisan Mouldings (KML) subsidiary of the Company from secondary purchase on February 12, 2025. The cost of acquisition is approximately Rs 2.63 crore.
RELIANCE
has incorporated a wholly owned subsidiary, named REC Sustainable Energy Solutions (REC SES) on February 12, 2025 in Singapore, to set up a global capability centre for consolidating research and development (R&D) activities, facilitating the recruitment of global talent, and providing technical and procurement services to support the Company’s new energy initiatives. The Company will invest an amount of $100,000 towards initial subscription of 100,000 shares of $1 each. Note : make sure to follow position sizing and risk management at all times

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